BillionToOne

BillionToOne

Molecular diagnostics for prenatal and oncology testing

About

BillionToOne specializes in molecular diagnostics within the healthcare sector, focusing on prenatal screening and oncology testing. Their proprietary QCT technology allows for the detection and quantification of diseases at a single base-pair resolution, enabling the identification of minute variations in DNA. The company offers two main products: Northstar Select™, which helps determine the best initial therapy for patients, and Northstar Response™, which monitors the effectiveness of that therapy. BillionToOne generates revenue by providing these diagnostic services to healthcare providers, who utilize the results to inform treatment decisions. The company's goal is to enhance the accuracy, efficiency, and accessibility of molecular testing, driven by a commitment to growth, equality, and teamwork in making a positive impact on healthcare.

Company Stage

Series D

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$380.2M

Headquarters

Menlo Park, California

Founded

2016


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Simplify's Take

What believers are saying

  • BillionToOne achieved a billion-dollar valuation with a $130 million funding round.
  • Their new Austin facility will create 1,000 jobs, boosting production and local economy.
  • Recognition as Diagnostics Company of the Year highlights their industry leadership.

What critics are saying

  • Emerging biotech startups could threaten BillionToOne's market share.
  • Rapid technological advancements may render their current technology obsolete.
  • Expansion into new facilities may face operational challenges or delays.

What makes BillionToOne unique

  • BillionToOne's QCT technology detects DNA variations at single base-pair resolution.
  • Their UNITY Fetal Antigen NIPT is the first US cfDNA test for fetal antigen genotyping.
  • They replace invasive amniocentesis with a safe, affordable blood test for prenatal screening.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

2%

Benefits

Competitive pay

Retirement savings package

Parental leave

Free snacks & lunches

Medical, dental, & vision premiums

On campus perks

Free-on-site EV charging

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